BC ECONOMY
Saved by @CodyyyGardner

1. Lots of talk about Miami's innovation economy. Here's a little analysis we did several years back. Lots more of this at our old site for the Miami Urban Future

 2. First and foremost, Miami is a near completely different animal than Austin. Austin is a talent/ creative class leader, and Miami is a laggard (though it has some strengths which I'll get to in a minute.
3. Austin's creative class share is 34.% 8th among large metros. San Jose is first by the way with 46.4%. Miami is 47th (out of 53 large metros) with 26%.
4. But like I said Miami does have strengths. With @iamstevenpedigo we can Location Quotients for specific innovative/creative/knowledge/ professional occupations.
5. Key strengths are in financial/HQ & healthcare space: legal occupations LQ 1.75; business & finance 1.06; healthcare 1.08. Much less strength in management .72, computer & mathematics .7; engineering & architecture .59; sciences .5
6. Our assessment is that Miami has key strengths as a HQ location, also with 200plus % growth over the past several decades, as well-established HQ center for Latin America. Also significant strengths in real estate. As well as Media, also as center for Spanish language media.
7. Miami's LQ for arts, entertainment & media occupations also reasonable at .92 But core strengths in broadcast news (1.54), producers and directors (1.18), radio & TV announcers (1.27), camera operators (1.74) and photographers (1.35)
8. Here is our related study on Miami's innovation/entrepreneurial economy. Also some strengths to build from here.
https://t.co/JhCUCND2aY
9. Data is a bit old now and can use updating but we have Miami ranking:
8th in VC investment
10th in VC investment per capita
9th in high-tech business
4th in knowledge economy businesses
BUT ...
23rd in higher ed R&D dollars, and
43rd in higher ed R&D dollars per capita
10. Region lacks anything like an MIT. Stanford, Carnegie Mellon, University of Texas at Austin, University of Michigan, University of Toronto.
Needs something like NYC's Cornell Tech initiative ...
11. A big strength of Miami is its positioning at the center of the So-Flo Mega-region that encompasses Tampa and Orlando. Brings real strength in technology with Disney, the Space Coast, Tampa Innovation District & Jeff Vinik's efforts around urban tech.https://t.co/hxIoInW94X
12. So in sum, Miami's natural strengths are in finance, real estate, media & entertainment, & global trade & logistics as well as travel & hospitality with port & airport. Tech ecosystem is now among top 10. But missing a key element in 1st tier engineering research university

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The US election news has largely overshadowed a seismic moment in global finance: Ant, a fintech company that spun out of Alibaba/Alipay, was scheduled to have the world's largest IPO, topping even Aramco, the Saudi sovereign wealth fund.

Then Chinese regulators canceled it.

1/


As @yvessmith writes in her excellent @nakedcapitalism breakdown, the consensus narrative on this is capricious Chinese regulators changed their minds and jerked the rug out from under Ali's billionaire owner Jack Ma.

The reality is a lot

To understand it, you need to understand the difference between the Chinese and American "money story." In the US, there is widespread, unquestioning faith in the fairytale that money predates the state and is separate from it.

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In this story, people come together to trade but are plagued by disparate goods: if I want to pay for your chickens with a cow, how do you make change? They spontaneously decide that something (gold?) is money and price their cows and chicks in it.

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Then, governments come along tax our gold away, and then to add insult to injury, governments abandon gold and insist that paper is as good as gold, print too much of it and crash the economy!

This probably sounds familiar to you, but it's just not true.

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1. “Who Are Ireland’s Members Of The World Economic Forum Implementing The Great Reset In 2021 ? 🧵1/28

🕵️🔎 Politicians, Musicians, Clergy, Bankers, Journalists, Human Rights, Artificial Intelligence, Sustainability, Corporations & Agriculture


2. In previous threads I have looked at 🇮🇪 key players in the Trilateral Commission as well as 🇮🇪 people who have attended the Bilderberger meetings. I also looked at the 🇮🇪 in the Young Global Leaders which is a site run by the WEF. You will see a lot of crossover between them.

3. The purpose of this thread is to compile all the Irish members into one thread for ease of access and reading rather than having to dive through the WEF site. This is by no means definitive and I will be adding more over time when they pop out of the woodwork.

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It's always been detached, and it's always made the real economy worse.

[THREAD] 1/10


What is profit? It's excess labor.

You and your coworkers make a chair. Your boss sells that chair for more than he pays for the production of that chair and pockets the extra money.

So he pays you less than what he should and calls the unpaid labor he took "profit." 2/10

Well, the stock market adds a layer to that.

So now, when you work, it isn't just your boss that is siphoning off your excess labor but it is also all the shareholders.

There's a whole class of people who now rely on you to produce those chairs without fair compensation. 3/10

And in order to support these people, you and your coworkers need to up your productivity. More hours etc.

But Wall Street demands endless growth in order to keep the game going, so that's not enough.

So as your productivity increases, your relative wages suffer. 4/10

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The “Should we get rid of the GRE?” conversation and the “Should we pay undergrad RAs $15/hour?” conversation have three things in common that I think are really unfortunate — 🧵

(For the record, I personally think we should keep the GRE and that the minimum wage should be $15 but I know a lot more about psychometrics than labor economics so I’m more confident about the former opinion)

1- lack of clarity regarding whether a proposed change is seen as a morally good END in itself, versus a MEANS to another end, and if the latter what that end is

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Rani Gaidinliu joined the freedom struggle at 13 &was sentenced to life imprisonment at 16."We r free people—the White should not rule over us.”Thus calling out to her Zeliangrong tribesmen was the voice of 13yr-old Rani Gaidinliu.


She joined the freedom struggle in the present-day Northeast India. Today, her struggle is lost in history as most of her countrymen wouldn’t even have heard her name. B'coz our history textbooks tell us that only Mahatma Gandhi &Pandit Nehru got India its Independence.


At 16 yrs of age, this valiant girl was sentenced to life imprisonment for leading a movement to drive out the colonial rulers from Manipur and Nagaland. Nevertheless, she was released in 1947 after India’s independence and was given the title ,"Rani of Nagas".


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Gaidinliu belonged to the Rongmei clan of the Zeliangrong tribe in the Tamenglong district of western Manipur. Born on January 26, 1915, she was fifth among eight children.


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